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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Hokuhoku Financial Group's annualizedNet Income for the quarter that ended in Mar. 2026 was 円56,788 Mil.
Hokuhoku Financial Group's average Total Assets over the quarter that ended in Mar. 2026 was 円17,171,814 Mil. Therefore, Hokuhoku Financial Group's annualized ROA % for the quarter that ended in Mar. 2026 was 0.33%.
The historical rank and industry rank for Hokuhoku Financial Group's ROA % or its related term are showing as below:
TSE:8377'
s ROA % Range Over the Past 10 Years
Min: 0.12 Med: 0.16 Max: 0.35
Current: 0.35
During the past 13 years, Hokuhoku Financial Group's highest ROA % was 0.35%. The lowest was 0.12%. And the median was 0.16%.
TSE:8377's ROA % is ranked worse than 84.83% of 1523
companies
in the Banks industry
Industry Median: 0.98
vs TSE:8377: 0.35
Hokuhoku Financial Group (TSE:8377) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Hokuhoku Financial Group ROA % Competitor Comparison
For the Banks - Regional subindustry, Hokuhoku Financial Group's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Hokuhoku Financial Group ROA % vs Banks Industry
For the Banks industry and Financial Services sector, Hokuhoku Financial Group's ROA % distribution charts can be found below:
* The bar in red indicates where Hokuhoku Financial Group's ROA % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Hokuhoku Financial Group (TSE:8377) has a ROA % of 0.33% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Hokuhoku Financial Group and its competitors. This is 106% above median its historical median of 0.16. Over the past decade, Hokuhoku Financial Group's ROA % has ranged from 0.12 to 0.35. According to the industry distribution chart, Hokuhoku Financial Group ranks #1292 out of 1523 companies in the Banks industry, placing it in the top 84.8%.
Is Hokuhoku Financial Group's ROA % too high?
Hokuhoku Financial Group's current ROA % of 0.33% is 106% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.35. The Banks industry median ROA % is 0.98. Hokuhoku Financial Group's value of 0.33% is 66.3% below this industry median. Based on the distribution chart, Hokuhoku Financial Group ranks #1292 out of 1523 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Hokuhoku Financial Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuhoku Financial Group's ROA % compare to competitors?
According to the Banks industry distribution chart, Hokuhoku Financial Group ranks #1292 out of 1523 companies for ROA %. This places Hokuhoku Financial Group in the lower half of its industry. The industry median ROA % is 0.98. Hokuhoku Financial Group's value of 0.33% is 66.3% below this benchmark. Historically, Hokuhoku Financial Group's own ROA % has ranged from 0.12 to 0.35 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.98, Hokuhoku Financial Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Banks company?
The median ROA % among Banks companies is 0.98, based on 1,523 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hokuhoku Financial Group's current ROA % of 0.33% is 66.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Hokuhoku Financial Group and its competitors. For the Banks industry, the median ROA % is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuhoku Financial Group's current ROA % is 0.33%, which is 106% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuhoku Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Hokuhoku Financial Group (TSE:8377) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,357.68, compared to a current price of 円7,540.00 — trading 124.6% above its estimated fair value. The current ROA % is 0.33%, which is 106% above median its 10-year median of 0.16 and 66.3% below the Banks industry median of 0.98. Hokuhoku Financial Group's overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Hokuhoku Financial Group (TSE:8377), the current ROA % is 0.33% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Hokuhoku Financial Group (TSE:8377) Overvalued in 2026?
Based on GuruFocus' analysis, Hokuhoku Financial Group stock appears to be overvalued.
The current stock price of 円7,540.00 is trading 124.6% above its estimated GF Value™ of 円3,357.68.
GuruFocus considers Hokuhoku Financial Group to be Significantly Overvalued.
Key valuation signals for TSE:8377:
ROA %: 0.33% (106% above median its 10-year median of 0.16)
GF Value™: 円3,357.68 vs. price of 円7,540.00 (124.6% above fair value)
Industry Position: 66.3% below the Banks median (#1292 of 1523)
No single metric tells the full story. See the TSE:8377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokuhoku Financial Group Inc is a Japan-based company that is principally engaged in banking and the provision of other financial services. The company was established through the integration of Hokuriku Bank and Hokkaido Bank. The company operates mainly through the branch networks of Hokuriku Bank and Hokkaido Bank in certain areas of Japan. Its business is concentrated in Japan, with the majority of revenue generated from the domestic market. The company also has a business presence in overseas cities such as Shanghai, Shenyang, Dalian, Bangkok, Singapore, London, and New York.
50GF Score
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